Tosyali Holding plans $1.5-2B annual investment for global expansion

Turkish steelmaker Tosyali Holding plans to invest $1.5-2.0 billion per year in a global expansion drive involving Africa and Saudi Arabia, as well as potential acquisitions in Europe and the Americas, aiming to raise liquid steel production capacity to 20 million metric tons within five years.

“Turkish steelmaker Tosyali Holding plans to invest $1.5-2.0 billion a year in a global expansion drive involving Africa and Saudi Arabia.”reuters.com

• 1 source
• reuters.comTurkish steelmaker Tosyali plans global expansion, chairman says | ReutersCeyda Caglayan, Ebru TuncayMay 22, 2024

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